#ABUK time frame 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point but in anther hand we are in a downtrend targeted 41.00 to 35.00 especially EGX30 is negative .
Entry level at 48.00 to 48.30
Stop loss 47.50 ( loss may go to up -1.7% ) or 46.80 the last stand with loss -4%
First target at 51.75 ( with profit around 7% )
Second target 54.25 ( with profit around 12% )
Third target 56.00 ( with profit 15% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck